APEC to discuss growth after crisis, economic integration.SINGAPORE, Nov. 8 Kyodo Government and business leaders in the Asia-Pacific region will gather this week in Singapore to discuss measures to ensure economic growth after the global crisis and strengthen unity in the region, with Japan deepening its commitment before chairing the forum next year. The 21-member Asia-Pacific Economic Cooperation Asia-Pacific Economic Cooperation: see under Pacific Rim. group, which accounts for 53 percent of the world's economic output, 40 percent of population and 44 percent of global trade, sets two main themes for this year's meetings -- sustaining growth and connecting the region. As the global economy has shown signs of upturns after the slowdown since last year with economic stimulus policies by each government, APEC APEC in full Asia-Pacific Economic Cooperation Trade group established in 1989 in response to the growing interdependence of Asia-Pacific economies and the advent of regional economic blocs (such as the European Union and the North American Free Trade Area) members, including Japan, China and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , will discuss how to set the recovery on a solid footing. Singapore, this year's chair, looks beyond supporting the recovery. Given the gap over the pace of development between economies, or even between sectors in a county's society, it considers the need ''to ensure that future growth is more inclusive,'' said a draft of the joint statement to be issued after the Nov. 14 to 15 summit. APEC ''will undertake structural adjustments that will enhance opportunities for all segments of our societies to benefit from growth,'' according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the draft statement obtained by Kyodo News Kyodo News (共同通信社 Kyōdō Tsūshinsha) is a nonprofit cooperative news agency based in Minato-ku, Tokyo. It was established in 1945 and it distributes news to almost all newspapers, and radio and television networks in Japan. . To accelerate regional economic integration, APEC leaders and ministers will study a proposed Free Trade Area of the Asia Pacific. They are likely to instruct their officials to identify ways to create the free trade bloc A trade bloc is a large free trade area formed by one or more tax, tariff and trade agreements. Typically trade pacts that define such a bloc specify formal adjudication bodies, e.g. NAFTA trade panels. . The move could accelerate a recently heated debate over which multilateral regional institutions could be the most suitable for economic integration in the region. The debate is also about whether the United States should directly join such frameworks with its Asian partners. If their integration is APEC-based, the door is no doubt open for Washington. In Asia, however, there is another multilateral institution, the Association of Southeast Asian Nations Association of Southeast Asian Nations (ASEAN), organization established by the Bangkok Declaration (1967), linking the nations of Indonesia, Malaysia, Philippines, Singapore, and Thailand. , which holds summits with Japan, China and South Korea known as ASEAN-plus-three and is also an integral part of the East Asia Summit The East Asia Summit (EAS) is a pan-Asia forum held annually by the leaders of 16 countries in East Asia and the region, with ASEAN in a leadership position. Russia has applied for membership and as of 2005, attends on observer status. , joined by the three countries plus India, Australia and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. . Japan has recently proposed turning the EAS (Electronic Article Surveillance) A security system for preventing theft in retail stores that uses disposable label tags or reusable hard tags attached to the merchandise. into an ''East Asian community,'' though Prime Minister Yukio Hatoyama has left vague whether the United States, Tokyo's main ally, should be completely expelled. China, meanwhile, is seen as pressing for an integration involving only ASEAN-plus-three nations, diplomatic sources said. U.S. President Barack Obama is expected to meet ASEAN ASEAN: see Association of Southeast Asian Nations. ASEAN in full Association of Southeast Asian Nations International organization established by the governments of Indonesia, Malaysia, the Philippines, Singapore, and Thailand in leaders on the sidelines On the sidelines An investor who decides not to invest due to market uncertainty. on the sidelines Of or relating to investors who, having assessed the market, have decided to avoid committing their funds. of the APEC summit in Singapore apparently as part of efforts to prevent a regional community without the United States from becoming established in Asia. The fight against climate change is also high on the agenda during the APEC week. The leaders will reaffirm their commitment ''to reaching a good agreement'' at a key U.N. climate change conference next month in Copenhagen, the draft said. APEC will express full support to multilateral trading systems and repeat its pledge to reject protectionist measures in international trade, which has been on the rise after the crisis hit the global economy. World Trade Organization Director-General Pascal Lamy will be in Singapore to urge APEC ministers and leaders make further commitment to concluding the stalled Doha Round liberalization lib·er·al·ize v. lib·er·al·ized, lib·er·al·iz·ing, lib·er·al·iz·es v.tr. To make liberal or more liberal: "Our standards of private conduct have been greatly liberalized . . . talks within next year. The draft statement warns of the delayed process, saying, ''We are concerned that the high level political commitment to concluding the Doha Round has yet to be translated into substantive progress in the negotiations.'' APEC meetings start with senor official-level talks on Sunday and Monday, which is followed by the ministerial meeting on Wednesday and Thursday and the summit on Saturday and Sunday. From Japan, Hatoyama, Foreign Minister Katsuya Okada and Economy Trade and Industry Minister Masayuki Naoshima will attend the meetings. The prime minister is scheduled to deliver a speech on Saturday to a gathering of corporate executives in the region. Japan will accelerate its commitment to APEC as it will take the forum's chairmanship right after the week. In 2010, the more developed members of APEC are supposed to achieve their goals of trade and investment liberalization, set 16 years earlier. Given the Bogor goals, named after the Indonesian city where APEC leaders reached the agreement in 1994, Japan must lead reviewing APEC's works in the past for its goals of trade and investment liberalization. It also has to ''suggest possible directions for APEC to take in the future and present less developed economies with growth models,'' a Japanese official said. The Bogor goals, implemented under the Osaka Action Plan charted at the 1995 APEC summit in the Japanese city, also set the liberalization target for less developed members in 2020. APEC was launched in 1989 as a nonbinding gathering to boost trade among Pacific Rim nations. But its focus has broadened in recent year to include such issues as security. Its current members are Australia, Brunei, Canada, Chile, China, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Mexico, New Zealand, Papua New Guinea Papua New Guinea (păp` ə, –y , Peru, the Philippines, Russia, Singapore,
Taiwan, Thailand, the United States and Vietnam.
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